Venture Capital

Nirvana Insurance: $80 Million (Series C) Secured For Transforming Commercial Insurance With AI

By Amit Chowdhry ● Mar 12, 2025

Nirvana Insurance, a leading AI-based commercial trucking insurer, announced an $80 million Series C funding round, valuing the company at nearly $850 million. This funding round arrives after a momentous year for Nirvana, which exceeded $100 million in Premiums, more than doubling year over year. This funding round was led by General Catalyst with continued support from existing investors Lightspeed Venture Partners and Valor Equity Partners.

Ambrose: Over $400 Million Raised For Fund IV

By Amit Chowdhry ● Mar 12, 2025

Ambrose, a leading investor, developer, and operator of industrial, logistics and e-commerce real estate, announced the final close of Ambrose Fund IV, LP. Ambrose had raised $400,625,000 through equity commitments to the Fund and related vehicles.

Netforce: €45 Million Raised For Law Enforcement Technology Development

By Amit Chowdhry ● Mar 12, 2025

Netforce, a law enforcement technology development company, announced a strategic investment commitment of €45 million from GEM Global Yield LLC SCS - which is a $3.4 billion private equity and alternative investment group.

Garuda Therapeutics: $50 Million (Series A-1) Secured For Advancing Blood Stem Cell Therapies

By Amit Chowdhry ● Mar 12, 2025

Garuda Therapeutics - a biotechnology company creating off-the-shelf and HSC therapies for a multitude of blood disorders - announced the completion of an approximately $50 million Series A-1 funding round. Investors included OrbiMed, Northpond Ventures, and Cormorant Asset Management, with new strategic investment from Kyowa Kirin Co., Ltd., a Japan-based Global Specialty Pharmaceutical Company.

Supergut: Gut Health Company Raises New Funding

By Amit Chowdhry ● Mar 12, 2025

Supergut, a leading gut health and GLP-1 nutrition brand, announced the closing of a significant minority growth investment. To support this next chapter, Tracey Warner Halama, former CEO of Vital Proteins and industry veteran, will join Supergut as CEO. This funding round was led by Full Frame Growth Partners. And other participants in the investment include Supergut founding investor Dave Friedberg via The Production Board along with Cultivian Sandbox, Strand Equity, Access Capital, Alpha Edison, LivWell Ventures, and Rocana Ventures. Full Frame Founder & Managing Partner Bader Alam will join the board of directors.

Mote: $7 Million Raised For Advancing Carbon-Negative Biomass-To-Energy Technology

By Amit Chowdhry ● Mar 12, 2025

Mote - a technology leader in carbon-negative energy production - announced the first closing of its Series A funding round, securing $7 million in investment led by Nella Next and Preston-Werner Ventures. The funding round also included Counteract and other strategic partners committed to advancing U.S. energy security. And this first phase is part of a targeted $15 million Series A funding round.

Swap: $40 Million (Series B) Raised For E-Commerce Operating System

By Amit Chowdhry ● Mar 12, 2025

Swap, an e-commerce operating system (OS) that connects operations on one platform for e-commerce brands, announced a $40 million Series B led by ICONIQ Growth, with participation from prior lead investors Cherry Ventures, QED Investors, and 9900 Capital. With this funding, Swap will enhance its dominance in the U.K. market, accelerate expansion into the U.S. and EU, and open new regions, including Australia and Canada. Swap also plans to penetrate underserved verticals like beauty, home goods, and consumer technology.

Archipelo: $12 Million Raised For Developer Security Posture Management Platform

By Amit Chowdhry ● Mar 12, 2025

San Francisco-based cybersecurity company Archipelo announced it emerged from stealth with $12 million in funding to launch a transformative approach to software security: Developer Security Posture Management (DevSPM). This funding includes a $4 million pre-seed and an $8 million seed round, led by Dell Technologies Capital, with participation from Zoom CEO Eric Yuan, Andy Bechtolsheim, Bill Tai, David Weisburd (10X Capital), Gil Penchina, Ed Roman (Hack VC), Anima Anandkumar, Samsung NEXT, Nima Capital, and Sangha Capital.

Odeko: $126 Million (Series E) Raised For Empowering Independent Food Businesses

By Amit Chowdhry ● Mar 12, 2025

Odeko, an all-in-one operation and technology partner for thousands of local coffee shops, cafes, and other food and beverage businesses, announced it has raised $126 million in Series E funding. The funding consists of $96 million in equity led by B Capital and a $30 million credit facility from Banc of California.

Nervonik: $13 Million (Series A) Raised For Improving Peripheral Nerve Stimulation For Chronic Pain Relief

By Amit Chowdhry ● Mar 12, 2025

Nervonik - a medical device company developing an opioid-free peripheral nerve stimulation (PNS) system – announced it has closed a $13 million Series A funding round. This funding round was led by U.S. Venture Partners (USVP), with participation from Foothill Ventures, Correlation Ventures, and other investors. And this funding follows Nervonik's earlier $4.4 million in SAFE and convertible note financings from Shangbay Capital, Camford Capital, Joyance Partners, Life Science Angels, Seraph Group, and other investors.

Nitricity: $10 Million Closed For Organic Fertilizer Plant

By Amit Chowdhry ● Mar 12, 2025

Nitricity, a California startup electrifying the production of nitrogen fertilizer, announced $10 million in project funding from a strategic mix of capital providers that includes Elemental Impact and Trellis Climate to build a first-of-its-kind (FOAK) organic fertilizer facility in Delhi, California.

DoiT: $250 Million Fund Established For Accelerating AI-Based Cloud Operations

By Amit Chowdhry ● Mar 12, 2025

DoiT, a leader in enterprise-grade FinOps and cloud intelligence, announced the establishment of a $250 million fund dedicated to buying companies specializing in autonomous cloud optimization, AI-driven CloudOps, and cloud reliability, performance, and security. This reinvestment is supported by a 40% growth in 2024 annual revenue, a testament to the monumental success of DoiT Cloud Intelligence.

CollegeNET: Majority Investment Raised From Rubicon

By Amit Chowdhry ● Mar 12, 2025

CollegeNET, a software solutions provider for higher education, announced it has secured a majority investment from Rubicon Technology Partners, a private equity firm specializing in middle-market enterprise software investments. And this partnership will help accelerate CollegeNET’s growth and drive continued product innovation across its core offerings. Plus, founder Jim Wolfston will continue to lead the business and remain a significant shareholder. The terms of the investment were not disclosed.